Exhibitor News

Insights from Zkrypto

1.      What are your reasons for coming onboard the 43rd edition of GITEX Global, what are your expectations, and who are you hoping to meet at the show?

Zkrypto's participation at the 43rd edition of GITEX Global holds significant importance as we bring our award-winning services, zkVoting and Azeroth to Dubai for the very first time. Our primary objectives are to share our innovation with a global audience, establish connections with potential buyers and explore investment partnerships that align with our vision. 

One of our key expectations for GITEX Global is to advocate for the integration of zkVoting within local and intergovernmental institutions, thereby enhancing the integrity and transparency of voting. zkVoting’s pioneering zero-knowledge proof protocol can revolutionize the way voting is conducted, ensuring secure and verifiable elections. Furthermore, we are excited to introduce Azeroth on a global scale, specifically targeting the financial sector and advocating for secure transactions. Our presence at GITEX Global reflects our commitment to innovation and collaboration. We eagerly look forward to engaging with industry professionals, potential buyers, and investment partners from governmental bodies and the finance sector who share our passion for cutting-edge solutions. GITEX Global offers us a valuable platform to not only showcase our offerings but also to forge meaningful connections that will drive our mission forward.

2.      Are you planning to launch any products or services, demonstrate new technologies, or sign any partnerships during the show? Please provide details to help us amplify your presence.

We are pleased to showcase our cutting-edge services, zkVoting and Azeroth. With a track record of recognition in the United States and South Korea, we are excited to extend our reach and innovation to the Dubai audience. At our exhibition booth, we will provide a live demonstration of zkVoting, a novel electronic voting system supported by a public blockchain with zero-knowledge-proof technology. This advanced solution ensures end-to-end verifiability, upholds privacy, and guarantees the integrity of the voting process. Unlike conventional blockchain voting systems, zkVoting successfully achieves secret voting on a public blockchain using ZKP technology. Our recent accolade of winning the Best of Innovation award at CES 2023 underscores our achievements. We are proud to collaborate with Korea's National Election Committee to implement zkVoting for in-person voting at polling stations.

Our presentation will also encompass Azeroth, a ground-breaking digital wallet that facilitates confidential token, coin, and NFT transfers. A distinctive feature of Azeroth is its auditor function, which detects illicit activity, ensuring legitimate transactions while safeguarding privacy. This versatile solution doubles as a comprehensive Crypto & NFT digital wallet, seamlessly converting digital artworks into NFTs and streamlining future gold and real estate transfers. The distinction of Azeroth's efficacy has earned recognition on a national level, with the Bank of Korea adopting our technology to lead the privacy and audit function for Korea's inaugural CBDC (Central Bank Digital Currency) Project.

We seek to apply our presence at GITEX Global to share our innovation and forge meaningful partnerships with key governmental and finance players. We are excited to engage with industry leaders and decision-makers to promote the adoption of zkVoting for secure and transparent voting processes. Additionally, we aim to expand the implementation of Azeroth globally amongst digital media and financial services businesses. We look forward to showcasing our innovative solutions, networking with industry peers, and exploring opportunities for collaboration. We invite you to join us at GITEX Global as we redefine the landscape of voting and finance through zkVoting and Azeroth.

3.      How important is GITEX Global for your business, and what is the volume of business growth you anticipate from your participation in the show?

GITEX Global holds immense importance for Zkrypto as it presents a pivotal platform to amplify our reach, showcase our services, and establish crucial partnerships within the government and financial sectors. The opportunity to connect with industry professionals, potential buyers, and stakeholders globally is invaluable and aligns perfectly with our growth strategy. With our participation in GITEX Global, we anticipate substantial business growth. While quantifying the exact growth volume is complex, we mark a projected investment of approximately $20 million from potential buyers keen to leverage our innovative solutions. Our presence at GITEX Global allows us to present our offerings and solidify our position within the government and financial sectors. By showcasing our services and engaging in strategic partnerships, we are confident in reinforcing our credibility, expanding our customer base, and fostering relationships that will drive sustained growth for our business. GITEX Global is a cornerstone of our business strategy as we share our services with the world and facilitate substantial business growth through key partnerships and investments.

4.      How important is the Middle East and Africa for your business, and what is your growth strategy in the region over the coming years?

 The economic significance of the Middle East and Africa profoundly influences Zkrypto's future expansion strategy. Dubai's geographical position as a hub for Web 3.0 technologies in the region offers a unique opportunity for our growth. The UAE's adoption of blockchain solutions provides a platform for our award-winning zkVoting app, ensuring private and seamless online voting. Additionally, the region's substantial remittance volume aligns with Azeroth, our privacy-preserving digital wallet and serves the underbanked through mobile access. Our MEA expansion focuses on meeting the demand for innovative technologies, particularly in voting systems and finance security. Certainly, our recent branch establishment in Ghana underscores this commitment. We aim to forge a robust footprint by leveraging Dubai's ecosystem and forming strategic partnerships. Introducing zkVoting and Azeroth to the government, finance, and private sectors is our priority. Zkrypto envisions a strong presence in the Middle East and Africa by harnessing Dubai’s dynamic ecosystem and cultivating partnerships that align seamlessly with our objectives. Through collaboration and innovation, we are eager to participate and contribute to technological growth in MEA establishing ourselves as a reliable provider of cutting-edge privacy-preserving and security solutions.

5.      To what extent can the region’s bold digital transformation missions elevate the global tech ecosystem?

The Middle East and Africa's ambitious technological initiatives possess the potential to enhance the global blockchain ecosystem significantly. As Zkrypto seeks to expand accessibility in our privacy-preserving solutions, particularly zkVoting – a pioneering public blockchain voting platform that attains unprecedented levels of secret voting – and Azeroth – the first Crypto & NFT Wallet app to ensure both anonymity and auditing on a public blockchain – MEA’s active blockchain usage aligns with our objectives. Firstly, the strategic allocation of resources to strengthen technological infrastructure directly aligns with Zkrypto's core principles of advancing security and privacy in blockchain applications. The MEA's proactive approach creates an environment conducive to innovation and enables us to showcase how public blockchains can seamlessly preserve privacy while upholding the inherent advantages of decentralization. Furthermore, MEA’s forward-looking stance toward adopting transformative technologies including blockchain augments Zkrypto's mission to redefine privacy, security, and efficiency in voting and digital wallet management. By capitalizing on the progressive innovation generated by MEA's blockchain adoption initiatives, we are positioned to provide exceptional solutions and actively contribute to the global conversation surrounding the future of privacy-focused technologies.

6.      Which countries and industry verticals are you targeting as part of your business plan over the next 5-10 years?

Over the next 5-10 years, our business plan is geared towards a global reach, targeting diverse countries. We aspire to transcend geographical limitations, expanding towards the Middle East, Africa, Asia, the Americas, and Europe. Our innovative solutions zkVoting and Azeroth, hold potential across the private sector, governments, and finance industries. By tailoring our offerings to each context, we aim to revolutionise voting and finance processes and drive advancements in privacy-preserving technologies on a global scale.

7.      GITEX Global is accelerating the epic race for AI dominance in 2023: how is your business embracing the AI innovation wave?

Our commitment to AI integration revolves around safeguarding data privacy, a pivotal factor for optimal AI functionality. As the foremost experts in zero-knowledge proofs, we possess a unique capability to ensure individual data security amid the expansive information landscape and propelling advancements in the AI domain. Our privacy-preserving solutions, fortified by zero-knowledge proofs seamlessly harmonize innovation and data protection. Moreover, we are dedicated to aiding governments in shaping progressive regulations that prioritize data privacy and IoT security. Leveraging our expertise, we proactively address potential technical challenges arising from the intrusive nature of IoT devices, fostering a secure and privacy-focused milieu for AI-driven progress.

8.      Aside from AI, what is the world’s next big technology shift and how should government, business, and society prepare for it?

I believe that the next significant technological shift will be characterized by a surge in cryptography and the widespread implementation of blockchain technology. It's crucial for governments, businesses, and society to proactively ready themselves for this impending transition. Governments must establish clear regulations that strike a balance between fostering innovation and ensuring robust security measures. Concurrently, substantial investments in research and development are vital to nurturing the growth of blockchain and cryptographic technologies, allowing economies to fully harness their potential. Businesses should be ready to embrace these regulations and integrate blockchain and cryptography to ensure privacy and security. Investing in R&D initiatives at a strategic adoption can unlock operational efficiencies, enhance security protocols, and gain a competitive advantage in an evolving marketplace. Society would need to prepare for rapid technological adoption. As blockchain and privacy issues become more prevalent, individuals will benefit from familiarizing themselves with their functionality and implications. This proactive approach to technological literacy will empower individuals to make informed decisions and contribute to the responsible and beneficial deployment of blockchain and cryptographic innovations.

9.      GITEX Global and GITEX Impact will build up the momentum for COP 28, taking place in Dubai from 30 November -12 December. How do you see the adoption of ESG strategies by tech companies, and what are the critical factors for those initiatives leading to a more sustainable future?

ESG principles align with democratic values, fostering collaboration and responsible practices among governments without conflict. Zkrypto's zkVoting service emerges as a powerful tool in supporting the transparency and integrity of these decisions as a pioneering secret voting service on the public blockchain. Additionally, incentives play a pivotal role in driving successful ESG adoption. Tech companies can leverage Zkrypto's zero-knowledge-proof solutions to preserve privacy and ensure the authenticity of ESG efforts. Prioritizing ESG contributes to a more sustainable future by mitigating environmental impacts, championing social responsibility, and increasing company competitiveness. Embracing ESG also strengthens brand reputation and demonstrates a commitment to ethical practices that strongly resonate with consumers. Moreover, such initiatives attract socially responsible investors, thereby fostering sustainable growth.